Daily Yellowstone journal., 1887-03-24
THE BRITISH TRAMP STEAMER.


Knows About the Gran.
THE majority Of 'tramlS are built on
the share plan" said an old SEA c.rrtain;
''that is 10 say that any indivi ull or
firm able To get together "A suflicien, num-
Der Of subscribers to the necessary ,api-
til in from 81 Ia so shares organizes a
company. securing for the trouble the
sole management &C the vessel and hand
ling all the earnings, charging a commits
sion to the shareholders for managing the
ship, and in many instances themselves
not owning a single Share. They 1T
satisfied with the commissions, which are
first deluctel from the gross freight
earned. Whether the vessel makes
money for the shareholders or not the
agent is always secure. aud takes care To
indemnify himself in all eases.
~ registry III th,sr vessels i, Published
annually. and a character Assigned if pail
for which may or may not tru ~ forth
tn real character or condition If the
vessel. rha, this certificate az cod char
actcr j. MT always to hc rll.yl Ugou is
no; hy amy tur.a the fault If tie s.4f0 "
surveyors, bat gIl b. tglcri 10 The rus
calty 1T builders who. hlviug Ls.aI the
contract perhaps rulnousl! lpT. are
tempted t. substitute unknown 10 The in
aisc,ur an .A'crio- quality OF an E1l, lsat
igauir>. IDr.IiClult ~ detective I.I.,rlg,
ur Vuur workmanship throughout. Or,
granted ,A.I tan Gu.i'r ha, t...Alully
performed lis Lgty and ,us lhp vessel
ln5 ln@ Dhc yard in a le..a.Slly perfect
con De- -. al a,ar she lass passed into
the e...ri 0r 'Np mana iIE U"urr thar
llrr Ur- N~ug,a.n,-, surely commences.
"Ill' -.A uuw ready Tor hu-.un-,, Is
chartered, lnr example, TO lual e. cargo
a. ulaL. aEl wt.Npai any previous hnrTl-
rig' lg>urnJ .ny EGlnwhgt t,.- .ra.
klJ"lc.g ,~srhml-, 10 the Jn.blnI as 70
how t.' vessel may la-.arl, sari, loaded
asd 81 ryo4 Ire grsal Ul JHu owarl1
can r. and ..|r; a lon hHr voyage, Jack.
wine ul uulri only after IA" Zip
h. lc-Hga. ..al -, the dangerous laJli.
in wilna she j, tu hu SEM 20 syJ. san bu
slla'u g.. hal', for the Nu>lli.U IS down
10 iHr piIuI-sl gg.. uHl the 'b-Hl v.
trl.p surveyor, Nil uui IN thH' y.a sop
ta''lp aal oollyl her u. hc ! POW. H.
.' o y "'~'A - d '.''" "
y .' '''I SUI "' " '' '' '.'
a. a.,n r. n,sl Io which -ru may |l
S.rv Doe lad ,L. TIN li-gggrc "eg l
,a., usgT.. aai t.n j0r, IUw mnt-rIr,
,' wv 7.' W." .''.'' ..'
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s''' D.t' ~ ga, 'i.'' ."'
= '' 49,
my .''' ","s" NV.
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Vs. '''N I'm va sur ,,t
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,N,"'''.,', we up ''-
"' ",I..i' ,t.'.'"' ~. ,'' '"' "a,
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~ ''e 1,yA n''HlT' @lrn ..' I'm "I.'-'I
70 ~ on t''. "''", i's hl"'"li'L .'"'S
new 'icre - '", ul+y" uai'r'f 81 "lhS
uiHlo'sY u..''N' '.' 81 h'rc!Se, 10 "Ul-
't'".i' '"'S'' '' W'",' cdSe' Il 'he Nshp'
Nul'if'a' N' u sun W 'oulS OUT % lhc
~Ti"o"'''T' minus 7'ule !" her yUaus'
no'|N ~ "" PNih"p0 "'"'s
S'raIr''' III 'nr nun.
in' teSSi ,1Nh,s afrlN'u ~ ,Sr IS-
.,l''lol Is Pu,cnIF ul'tIilrSeu anu in'deu,
lne Pl"TeNS @lhs 'ari,eu On 'ISlt anu
Jay anu M'l'''us IN. 'n1usr' VI irlAln.
Ihs uAlldsvs, eNIelH tloIe 'osOiI'ell
Necessary. onuuip any Oh lhP '"aIs ilaNe
zen Iol ''c! WIN n'' w ''pi'ceu uh'li
snt 'I'lNg' az a ihhle lorl, 'houi1 any
oi nrr suns ~ plpWn away ,lcy wiz ctri
fanny i'V w iePtaSeu' put 're HaruN WIN